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Patrick Bolton

Patrick Bolton

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Patrick Bolton is Professor of Economics at Columbia University and Visiting Professor at Imperial College London.

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  1. Give Argentina a Break
    bolton3_JUAN MABROMATAAFP via Getty Images_argentinacentralbankcoronavirus Juan Mabromata/AFP via Getty Images

    Give Argentina a Break

    Jun 5, 2020 Patrick Bolton calls private-sector creditors' hardline stance on payments completely unreasonable in light of the pandemic.

  2. The Necessity of a Global Debt Standstill that Works
    hsieh2_ERIC BARADATAFP via Getty Images_worldbankbuildinglogo Eric Baradat/AFP via Getty Images

    The Necessity of a Global Debt Standstill that Works

    Apr 23, 2020 Patrick Bolton, et al. say any repayment freeze to help emerging economies withstand COVID-19 must include all private creditors.

  3. How to Keep Central Banks Independent
    bolton1_akindoGettyImages_bankingfinancesymbols akindo/Getty Images

    How to Keep Central Banks Independent

    Jul 11, 2019 Patrick Bolton, et al. propose new measures to help monetary policymakers remain effective guardians of financial stability.

  1. subramanian35_erhui1979Getty Images_speechbubbles erhui1979/Getty Images
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    The Age of Verbiage

    Arvind Subramanian blames today’s nonstop inundation of expert opinion for undermining the quality of public discourse.
  2. haldar17_ FABRICE COFFRINIAFP via Getty Images_davos FABRICE COFFRINI/AFP via Getty Images
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    Davos Man Has a People Problem

    Antara Haldar suspects that the socially “disembedded” economic logic of globalization has gone as far as it can go.
  3. buiter44_ SAUL LOEBAFP via Getty Images_treasury SAUL LOEB/AFP via Getty Images
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    Eliminate the Debt Ceiling

    Willem H. Buiter thinks the US Constitution and common sense argue for a de facto abolition of the cap.
  4. ito23_KAZUHIRO NOGIAFP via Getty Images_japanmilitarysoldiers Kazuhiro Nogi/AFP via Getty Images
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    Japan’s Fiscal Dilemma

    Takatoshi Ito explains why the country’s deficit-financed spending spree endangers its national security.
  5. rogoff233_ Arne Dedertpicture alliance via Getty Images_germanystockmarket Arne Dedert/picture alliance via Getty Images
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    Too Soon for Global Optimism

    Kenneth Rogoff

    It is hard to reconcile the jubilant mood of many business leaders with the uncertainty caused by the war in Ukraine. While there are some positive signs of economic recovery, a sudden escalation could severely destabilize the global economy, cause a stock market crash, and accelerate deglobalization.

     warns that the Ukraine war and economic fragmentation are still jeopardizing world growth prospects.
  6. pisaniferry141_Sean GallupGetty Images)_macronscholz Sean Gallup/Getty Images
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    Why Europe’s Franco-German Engine Is Stalling

    Jean Pisani-Ferry cautions that the two countries' differences are so substantial that a hasty compromise will not suffice.
  7. reichlin28_Sean GallupGetty Images_ecb Sean Gallup/Getty Images
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    Central Banks Should Slow Down

    Lucrezia Reichlin fears the consequences of excessive interest-rate hikes in the US, the UK, and especially the eurozone.
  8. goldberg21_OLI SCARFFAFP via Getty Images_remotework Oli Scarff/AFP via Getty Images
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    Three Cheers for Hybrid Work

    Pinelopi Koujianou Goldberg thinks the advantages of more flexible labor arrangements outweigh the disadvantages.
  9. jjoffe9_David HeckerGetty Images_germanytanksscholz David Hecker/Getty Images
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    The German Lamb Is Learning to Howl

    Josef Joffe

    The nation that went to the gates of Moscow in World War II has become as aggressive as a cuddly cat. But with its decision to send Leopard 2 battle tanks to Ukraine, Germany's "culture of reticence," particularly with respect to Russia, may soon be a thing of the past.

     examines the origins and implications of the landmark decision to send battle tanks to Ukraine.

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